Symetra Partner:

The Trustees of Pioneer Variable Contracts Trust have authorized the liquidation of the Pioneer Real Estate Shares VCT Portfolio on or about April 28, 2023. This fund is available to Premier Accumulation Life variable universal life policy owners and customers who own or participate in Spinnaker, Spinnaker Choice, and Spinnaker Advisor variable annuities.

In preparation for the liquidation, on or about February 28, 2023, we mailed affected customers a notification and instructions for transferring their money from the liquidating fund. Sample copies of the customer notification letters and Prospectus Supplements can be found below.

Approximately thirty days prior to the liquidation, we will send a reminder notice to affected customers who have not taken action.

If you have any questions, please contact us at 1-800-796-3872 from 6 a.m. to 4:30 p.m. Pacific time, Monday through Friday.

 

Notification Letters and Prospectus Samples:

Transfer and Allocation change forms:

 

Before investing, clients should carefully consider the investment objectives, risks, charges, and expenses. This and other information is contained in the contract prospectus and the underlying portfolio prospectuses. Clients should call or write their Registered Representative or Symetra for free copies of the prospectuses or visit www.symetra.com/regulatoryreports for an online copy. Clients should read them carefully before investing.